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Sep 8, 2012 9:15pm EDT
. the olympics expunged the word "amateur" from its dialogue shortly after the 1978 law in the united states that required athletes to be on every governing committee for the 39 olympic committees. no one could look across the table until the athletes that they should be on food stamps because there would be banished for life, like jesse owens, if they got a nickel for competing in the sports. there are models. franchisees a nice notion. the n.c.a.a. is a cartel in the sense that they have artificial rules agreed to by the schools to penalize anybody, any athlete, receives or any university grants one nickel above the agreed stipend. that is enormously significant. it is true. only 1% of the college athletes ever go pro. the flip side of that is that 99% of the athletes who have been devoting their lives to the sports and their bodies and are all beat up, the college experience is the only opportunity in their whole lifetime to get a nest egg out of the value they are creating. it is enormous. for one month, to run march madness, a cbs turner sports called -- paid directly $771 million for r
Search Results 0 to 1 of about 2 (some duplicates have been removed)